IRS form 1042-S is an information return sent to non US residents who have conducted some form of businesses within the United States during the past calendar year. This can include investments or capital distribution. The form is sent to the non-resident by the US bank or corporation (or withholding agent) that handles the transaction. You are a withholding agent if you are a U.S. or foreign person that has control, receipt, custody, disposal, or payment of any item of income of a foreign person that is subject to withholding. Our 1042-S software makes it easy to import, print Copy B (or convert to PDF) and electronically file IRS Form 1042-S quickly and easily.
What is new in this release:
Includes new tax year 2014 changes.
Demo watermark on output